cnix on Nostr: You don’t even need to load fiat into your account, you can have a zero balance. As ...

You don’t even need to load fiat into your account, you can have a zero balance. As long as you have a linked bank account it will spend the fiat directly from there and pay the invoice in sats. We demoed this at our last 757btc meetup.

quoting note1wq7…9nhn

GM NOSTRVerse, let’s have a great day and learn something.

For ₿itcoin to become a currency, we must spend it. Until now, I’ve used the spend and replace method as a way to grow the network. That’s all about to change. If you’re a strike (npub1ex7…vyt9) user, you have the ability to load your wallet with fiat, then pay a lightning invoice. While this doesn’t sound like much, it’s really a big deal. You see, when you do this, You never own the sats meaning you don’t have a taxable event to worry about. Strike handles all of this in the background.

I’m sure plenty of you know about this already. But as I’ve learned during my time here, there’s something new happening all the time and it’s impossible to know everything. If this is your first time hearing about this feature, respond to this note with 💥. I want to know if I’m wasting everyone’s time or if I’m providing value.

Also if there’s interest, I’m considering a demo video to show how this works.

PV and Each One Teach One, that’s how we grow the network 🤙🏻🫡